#Crypto.com Receives EU License#
Hot Topic Overview
Overview
Crypto.com has received in-principle approval from the Malta Financial Services Authority, bringing it closer to obtaining a European Union (EU) Markets in Crypto-Assets (MiCA) license. This would make Crypto.com the first global exchange to operate in the EU under a unified regulatory framework, allowing it to serve customers across the entire European trading zone. Obtaining a MiCA license will enable Crypto.com to provide its market-leading crypto services across the EU, increasing transparency in the industry. Other companies that have already obtained MiCA licenses include Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and major brokerage and clearing house Hidden Road.
Ace Hot Topic Analysis
Analysis
Crypto.com has recently received in-principle approval for the EU (EU) Crypto Asset Market (MiCA) license from the Malta Financial Services Authority, meaning the exchange is expected to soon obtain its full CASP license, making it the first global exchange to operate in the EU under a unified regulatory framework. Obtaining the MiCA license will enable Crypto.com to provide its market-leading crypto services across the EU and significantly enhance transparency in the industry. Notably, Boerse Stuttgart has also become the first crypto service provider in Germany to obtain the MiCA license. The issuance of the MiCA license marks a further development in EU crypto regulation, which will provide a clearer and more comprehensive regulatory framework for the crypto industry and promote the healthy development of the crypto industry.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto.com has received in-principle approval for a European Union MiCA license, bringing it closer to being able to operate fully across the trading bloc.
Obtaining a MiCA license will enable Crypto.com to provide its market-leading crypto services across the EU under a streamlined and robust framework, significantly enhancing transparency in the industry.
Crypto.com will be one of the first global exchanges to operate in the EU under a unified regulatory framework.
The MiCA license permits companies to provide services to customers in the European trading bloc, consisting of 27 countries.